Good post. It was kept back for the .02c raising and...

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Plext

10,526 Posts.

1248

02/01/18

07:09

Post #: 29972828
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Originally posted by jj2 ↑

You're missing most of my post/point..

It's not about the chairman selling.. and even though the +6m that he did sell was well above daily average volume...

It's not even that he got "top-price" - good on him (or his agents for nailing that)... although to get out that many shares at top price... hmmm (and remember i was watching every trade)..

But when I combine the fact that OGX has traded for 3 months within a half cent band.. say 1.9c - 2.4c (give or take) AND then after some results -- although good-- the SP bags in a single day and your/our chairman manages to nail the top and sell those shares...

BUT the cherry on top-- and that's what I object to the most.. is that he "bought back 25% of what he sold the following day"..?

THAT is what gets my goat. The chairman should NOT be "TRADING" in the shares.. and definitely not in consecutive days.

Good luck to those holding none the less.. I will be watching developments and SP with interest.

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Good post.

It was kept back for the .02c raising and shareholders did have the chance to get a few at that price. Now that it's been $$ backed by its board it takes away some risk. Can not believe shareholders we're not allowed to be part of the raising and then a board member start flipping the stock!!!

Unbelievable

Last edited by Plext: 02/01/18

OGX Price at posting: 3.6¢ Sentiment: Sell Disclosure: Not Held
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